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Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.
Wednesday, July 19, 2017
Wednesday, July 5, 2017
Monday, June 19, 2017
6/19/17 - EOD Update
No change. Looks like the SPX is still trying to complete wave 3 green. The last projection target was aiming for 248xish. The close up of the SPX on the 2nd chart below shows another projection out of the smaller triangle that also projects to the same area, so let's see if this is where she is headed.
TSLA also hit its target coming out of the combo corrective and still in that rising channel. TSLA appears to be consolidating in a potential triangle.
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| SPX - Daily |
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| SPX - Daily - Close Up |
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| TSLA - 60 Min |
Thursday, June 1, 2017
6/1/17 - EOD Update
TSLA and SPX broke out of their triangles and/or combo correctives.
Labels adjusted higher for wave 3 green on the SPX chart. The triangle projects to 248xish.
Haven't had much time lately to focus on the squiggles. I see a potential alternate count that would have this leg up completing wave iii blue. A break back down below the yellow triangle would bump that alternate option up.
Labels adjusted higher for wave 3 green on the SPX chart. The triangle projects to 248xish.
Haven't had much time lately to focus on the squiggles. I see a potential alternate count that would have this leg up completing wave iii blue. A break back down below the yellow triangle would bump that alternate option up.
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| SPX - Daily |
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| TSLA - 60 Min |
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